SP500 – Daily Analysis

SPX and the other major indices clearly did not like the Fed’s message today — and the market reaction may have opened the door to a much more important technical test. The question now is whether this was only a sharp post-Fed reaction, or the beginning of a broader reassessment across the major indices. SPX is entering a zone where candle signals, momentum shifts, and Elliott Wave structure may quickly determine whether the decline remains controlled — or starts expanding into something more serious. In today’s S&P 500 technical analysis, we examine the signals that matter most: the health of the current decline, the structures driving the index, and the confirmation levels that could define the next phase of the SPX roadmap. The market is no longer waiting for the Fed. Now it has to digest the message — and the next confirmed signal may decide whether SPX can recover,…